Innovate (VATE) Intangibles (2010 - 2026)
Innovate's Intangibles was $44 million in Q2 2026, down 73.9% from $168.6 million a year earlier.
Analysis
Innovate (VATE) Intangibles (2010 - 2026) Analysis & Trends
At the end of FY2025, Intangibles at Innovate came in at $47.3 million, down 72.6% from FY2024.
- Intangibles has now declined for four consecutive years, with a five-year compound annual growth rate of -22.8% (FY2020 to FY2025).
- In earlier years, Intangibles was $172.4 million in FY2024 (-3.6%), $178.9 million in FY2023 (-5.9%), $190.1 million in FY2022 (-8.8%) and $208.4 million in FY2021 (+21.1%).
- The Q2 2026 figure marks the lowest quarterly Intangibles since Q3 2017.
- The best year-over-year quarter for Intangibles over five years was Q1 2022 (growth of 22.2%); the worst was Q2 2026 (a decline of 73.9%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 90.47 Bn | 88.55 Bn | 1.55 Bn | 3.22 Bn |
| 2 | Ferrovial | 35.89 Bn | 14.13 Bn | - | 149.19 Mn |
| 3 | Emcor | 31.09 Bn | 27.49 Bn | 1.02 Bn | 1.08 Bn |
| 4 | Jacobs Solutions | 16.65 Bn | 11.31 Bn | 810.70 Mn | 604.20 Mn |
| 5 | Mastec | 14.09 Bn | 12.88 Bn | 556.28 Mn | 730.00 Mn |
| 6 | Sterling Infrastructure | 12.71 Bn | 11.03 Bn | 289.96 Mn | 660.02 Mn |
| 7 | IES Holdings | 9.46 Bn | 8.32 Bn | 340.66 Mn | 54.24 Mn |
| 8 | Stantec | 7.98 Bn | 6.90 Bn | 1.36 Bn | 373.28 Mn |
| 9 | Aecom | 7.61 Bn | 2.73 Bn | -34.04 Mn | 175.01 Mn |
| 10 | Innovate | 76.30 Mn | -183.00 Mn | 79.50 Mn | 44.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.00 Mn |
| Dec 31, 2025 | 47.30 Mn |
| Sep 30, 2025 | 167.00 Mn |
| Jun 30, 2025 | 168.60 Mn |
| Mar 31, 2025 | 170.40 Mn |
| Dec 31, 2024 | 172.40 Mn |
| Sep 30, 2024 | 173.40 Mn |
| Jun 30, 2024 | 175.10 Mn |
| Mar 31, 2024 | 177.10 Mn |
| Dec 31, 2023 | 178.90 Mn |
| Sep 30, 2023 | 180.80 Mn |
| Jun 30, 2023 | 182.60 Mn |
| Mar 31, 2023 | 186.10 Mn |
| Dec 31, 2022 | 190.10 Mn |
| Sep 30, 2022 | 194.30 Mn |
| Jun 30, 2022 | 198.40 Mn |
| Mar 31, 2022 | 204.20 Mn |
| Dec 31, 2021 | 208.40 Mn |
| Sep 30, 2021 | 213.10 Mn |
| Jun 30, 2021 | 222.00 Mn |
API Access
Innovate Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=VATE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "VATE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=VATE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();